PadSplit

PadSplit operates an online coliving marketplace that lists private, furnished rooms in shared homes across the United States. The company does not own or operate the homes on its platform; instead it connects independent property owners, whom it calls "hosts," with renters, whom it calls "members." Members pay a single all-inclusive weekly payment that covers rent, furnishings, utilities, Wi-Fi, telehealth (Teladoc) access and use of shared common areas, with no minimum credit score requirement and no security deposit. Applicants pay a one-time $19 membership application fee (refunded if they do not qualify) and a one-time move-in fee of roughly $100.

The platform requires a 12-week minimum stay, after which the arrangement converts to a week-to-week commitment; there is no maximum stay, and members may transfer to another PadSplit home at any time, with the first transfer's move-in fee waived. Members complete identity verification and background screening where permitted by law, and must verify income or employment. Hosts are vetted for identity and property quality standards, including secure bedroom door locks and working smoke detectors. Bookings are typically approved online instantly, with move-in usually within 24 to 48 hours. In-person tours are not offered before move-in; 3D tours are provided instead.

According to reporting cited by Wikipedia, PadSplit renters have an average age of 35 and a median annual income of about $30,000. Room prices on the platform have ranged from roughly $89 per week in metro Atlanta to $494 per week in metro Los Angeles, and the company markets rooms starting at $119 per week.